The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
The tech-heavy index exhibited two-way action on Wednesday as markets reacted to the Fed outcome. The central bank acknowledged the lack of progress towards the 2% inflation target and Chair Powell added that recent hot reports have not given officials greater confidence towards this goal. Along with resilient labor market and strong economy, the bar for a pivot...
Recent price action on S&P futures suggests a potential rollover happening now, particularly after today's sell-off. This downturn began after the index peaked at 5,333.5 on April 1, 2024. Despite this, the upcoming Federal Reserve meeting and forthcoming high-profile earnings reports, such as NVDA's in late May, add layers of uncertainty. Notably, NVDA has...
Interest rate bull and bear markets can run for many years before they change direction. Currently the yield curve is the lowest it has ever been and is still declining. The long term charts above are strongly suggesting that the bear market in interest rates ended during the pandemic crash low in 2020 after 39 years of decline. This will have major...
As predicted, price went all over to 1.0650 to neutralize 15min imbalance order block having and immediate reaction. It is expected to climb to 1.0711 to collect first profit. We are just buying a pull back. On higher time frame we can see bearish pressure, once price hit 1.0711 we should look for any bearish reaction if price goes over this supply zone expect...
I think we will go back down and test the 4960 area. We have broken the short term Up angle today in one swoop. RED UMVD has appeared after divergence as well. FED Day today - get ready for some serious moves.
Gold prices could plummet if the Federal Reserve fails to enact anticipated rate cuts, particularly amidst widespread expectations for such actions. Here's why: Market Expectations: Investors often base their decisions on expectations, including anticipated actions by central banks like the Federal Reserve. If there's a widespread belief that the Fed will cut...
The pair has managed to stage a rebound from its 2024 lows and reacts positively to today’s preliminary data from Eurozone, which showed Q1 GDP expansion and persistence in headline inflation. As such, the common currency continues its effort to surpass the pivotal resistance confluence, provided by the EMA200 and the 38.2% Fibonacci of the March-April slump....
USD/JPY: Breaching 158.500 signals potential run to 160? The JPY weakened below 158.200 against the dollar. It is the first time since May 1990 we have seen this exchange rate for the USD/JPY. The reason is being attributes to the Bank of Japan keeping interest rates unchanged last Friday. With the USD/JPY comfortably above both the 50-day and 200-day EMAs, a...
Thought I would post this the day after we hear that REPUBLIC FIRST BANK has gone in to receivership in the USA. This is just 5 weeks after the FED's BTFP Banking Suppor tprogram ended. Thsi si likely to be the first of more and the question is now, how will the FED react on Wednesday, 1 st may at their next interest rate meeting. To Pivot now would be an...
Global Central Bank Balance Sheet denominated in USD has broken the uptrend line down almost 16% or $5 trillion which is about 5% of Global GDP. Why does that matter to you? Because there are $5 trillion more bonds available that have been invested in the bond market which takes away from other asset classes. While global debt has skyrocketed (meaning more ...
DXY bullish outlook due to potential Fed rate hikes this year attracting investors seeking higher dollar returns. However, monitor global economic health, other central bank policies, and risk aversion for additional influences.
DXY $ maybe one to watch over the next couple of Weeks as it seems to be approching Strong support. Fundimentals, as ever, Will pay a huge part in this and so we wait. Today we have personnale spending and income Data BUT the real Biggie is on 1st May next week when we have the FED Interest rate decision made public. If that remains the same ....or...
Fed decision preview: Zero rate cuts and EURUSD parity in 2024? Expectations point to the Federal Open Market Committee maintaining interest rates at their current levels in the upcoming decision slated for May 1. However, fixed income markets suggest the possibility of rate cuts surfacing in either the July or September meetings of the FOMC. Nonetheless,...
The financial markets of 2024 have witnessed a surprising resurgence: the unwavering strength of the US dollar. After predictions of a decline at the year's outset, the greenback has defied expectations, surging over 4% according to the Bloomberg dollar index. This unexpected power play by the dollar serves as a stark wake-up call for investors around the globe,...
Today, gold continues its upward momentum, eyeing the $2,400 milestone. Fueled by a weakening U.S. Dollar and subdued Treasury yields, gold remains a safe haven amidst global uncertainties. However, attention turns to Federal Reserve policymakers whose upcoming speeches may sway market sentiment. Stay tuned for key economic data releases and policy whispers...
Sometimes, you have to see the things from a different perspective, the chart of Gold against major currencies, writing this on the chart: "" TVC:GOLD/((FX_IDC:CHFUSD+FX_IDC:EURUSD+FX_IDC:GBPUSD)/3) "" you can observe that the price has successfully broken out from a long accumulation inside an ascending triangle and that it's about to break the all time high...
Lets assume that the strength in the US dollar wont last for too much longer, as Central Banks try and work out how many more trillions are needed in the system. The BTCUSD had been in a trading range for some time and this week we convincingly left it, with a big dose of Bullish price action. Will it last? IDK. I am long BTCUSD so I am fundamentally in the...